A major US crypto exchange is announcing a new expansion in one of the world’s largest market regions.
In an announcement, crypto is exchanging Gemini say it is expanding into the Asia-Pacific (APAC) region in addition to expanding their tech base in India.
“We are expanding in the Asia Pacific region!
Our Singapore office will serve as a hub for our larger APAC business and we plan to grow our workforce to 100+ in Singapore.
In addition to our expansion plans in APAC, we are rapidly expanding our technical base in India.
We believe that APAC will be a great driver of the next growth wave for crypto and for Gemini.
We are committed to implementing our international vision for the future of Gemini as we continue our mission to unlock the next era of financial, creative and personal freedom for all. Forward and Up!”
Gemini says it has already launched support for the Singapore dollar (SGD), Hong Kong dollar (HKD) and Australian dollar (AUD) in previous years.
Last month, the US-based exchange said it would open a new headquarters in Ireland in response to regulatory oversight in the US.
“Great meeting this morning with Leo Varadkar, the Prime Minister of Ireland. We talked about the deep promise of crypto and the importance of common sense regulation to deliver on that promise. We believe that MiCA (Markets in Crypto Assets Regulation) is that common sense regulation. We also announced that Gemini has made Ireland its European headquarters. Forward!”
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